Germany: Merkel fights for her political future - Rabobank

The breaking down of ‘Jamaica’-coalition talks brings unprecedented political uncertainty to Germany, according to Daniel van Schoot, Economist at Rabobank.

Key Quotes

“Parliamentary prevent a swift move to new elections; first talking with the SPD will be tried before thinking about a minority government.”

“The political initiative and control is moving away from Merkel towards the President of Germany, Frank-Walter Steinmeier, who can ultimately trigger new elections.”

“In any case, Merkel will be severely weakened from here on onwards. Macron will be looked at as the new de facto leader of Europe.”